Los Angeles

City Council

May 09, 2023 Item #23

Agenda Item 23

(23) 20-1598 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to the feasibility of the City authorizing the issuance of tax-exempt bonds for the production, preservation and protection of middle-income rental housing. Recommendations for Council action: NOTE and FILE the Los Angeles Housing Department (LAHD) report dated March 28, 2023, attached to Council file No. 20-1598, relative to the feasibility of the City authorizing the issuance of tax-exempt bonds for the production, preservation and protection of middle-income rental housing. INSTRUCT the LAHD and the Department of City Planning, to report to Council on options to meet the Regional Housing Needs Assessment moderate housing requirements.